Analysis Company Shares Big Bull Prediction for Ethereum: "In a Scenario Where Bitcoin Reaches $300,000, ETH..."
Trend Research announced in its latest research report published under LD Capital that Ethereum (ETH) is expected to exceed $5,000 in the long term.
The report predicts that if the crypto market heads toward an optimistic scenario, Ethereum's price could rise to $10,000 if Bitcoin surpasses $300,000 in this cycle.
The report states that ETH's financial fundamentals remain strong and emphasizes that Ethereum maintains its position as the most significant infrastructure in the crypto finance world. According to data, the total value of locked assets (TVL) in the ETH DeFi ecosystem is approximately $60 billion, which accounts for more than 53% of the global DeFi market. On the stablecoin side, the total market value of stablecoins on Ethereum represents more than 50% of the global market at $124 billion.
While the total assets under management (AUM) of Ethereum ETFs have reached $7.2 billion, BlackRock's tokenized money market fund BUIDL has invested 92% of its assets in the Ethereum ecosystem; this amount is approximately $2.7 billion.
According to the report, the forecast that ETH price could reach $5,000 in this cycle is based on the following factors:
The approach of the end of the quantitative tightening (QT) process in the US and the beginning of interest rate cuts; Expectations of progress in tokenization and staking laws on the ETH chain with potential changes under the SEC presidency; Stability in the Ethereum Foundation's infrastructure development and roadmap management; Continued stable growth of the financial ecosystem on-chain.